[Quantitative Yield Protocol Axis Completes $5 Million Financing, Led by Galaxy Ventures] Odaily Planet Daily News: The quantitative yield protocol Axis has completed a $5 million private financing round, led by Galaxy Ventures. This round was oversubscribed by 4 times, with participation from OKX Ventures, FalconX, GSR, Maven 11, CMS Holdings, and Aave Chan Initiative founder Marc Zeller. The protocol's first product, USDx, is a digital asset pegged to the US dollar, designed to maintain value and generate yield through an arbitrage engine. Future products based on Bitcoin and gold will be launched. (The Block)